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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: John Reiter who wrote (1684)1/4/2003 6:59:04 PM
From: StockPro  Read Replies (1) of 1690
 
John, I think you are a bit confused.

It sounds like you are describing the warrants issued as part of a recent $1.7 million financing. But as far as I know, those warrants are not trading publicly.

What is being traded publicly (last traded at 6 cents as you wrote) is symbol IW.WT.A. If those are the warrants you are referring to, they have an expiry date in Nov 2004 (not 2005) and are exercisable at a strike price of $0.90, so they are not in the money, in fact they are (obviously) deep deep OUT of the money.
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